The use of contingent valuation (CV) methods to estimate benefits has become increasingly common in project analysis. Ever since the NOAA Blue Ribbon Panel Report in 1993 (NOAA, 1993) recommended theuse of the referendum form of CV, it seems to have become the method of choice in practical...

Firms seeking sites for new or expansion plants rely on their ability to assess thebenefits and costs generated by locating operations in a given state. Stategovernments strive to understand the issues important to firms who are seekinga site for new operations or branch plants. They do so...

This study compares different methods of forecasting price volatility in the crude oil futures market using daily data for the period November 1986 through March 1997. It compares the forward-looking implied volatility measure with two backward-looking time-series measures based on past returns...